256 Vivant Street, Newmarket

Price: $778,800

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N12903300

Forget the condo fees and embrace luxury in this charming, and beautifully modern freehold townhome built in the heart of one of Newmarket's most desirable communities. Offering approximately 1,609 sq ft of thoughtfully designed living space, this stunning 3-storey home features 3 spacious bedrooms and 3 bathrooms with upscale finishes throughout. Bright and open-concept main floor with 9' ceilings, rich hardwood flooring, elegant pot lights, and a solid oak staircase. The dreamy white/cream kitchen showcases extended-height cabinetry, abundant storage, unfinished basement awaiting your personal touch or for extra storage space, full-sized centre island with breakfast bar, quartz counters, backsplash and imported ceramic tile accents - perfect for both everyday living and entertaining. Combined living and dining area create a seamless flow. Generously sized bedrooms with walk-in closets, convenient upper-level laundry, and direct garage access add everyday comfort and practicality. Ideally located close to shopping, dining, schools, parks, trails, public transit, minutes to GO Transit & Upper Canada Mall, and easy access to Highways 404 & 400 - making commuting a breeze. A perfect blend of luxury, functionality, and location. A must-see!

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$778,800 - 256 Vivant Street, Newmarket

Townhouse for Sale in Newmarket

3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
N12903300
Property Type
Townhouse
Status
active
Days on Site
21
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Newmarket
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

Forget the condo fees and embrace luxury in this charming, and beautifully modern freehold townhome built in the heart of one of Newmarket's most desirable communities. Offering approximately 1,609 sq ft of thoughtfully designed living space, this stunning 3-storey home features 3 spacious bedrooms and 3 bathrooms with upscale finishes throughout. Bright and open-concept main floor with 9' ceilings, rich hardwood flooring, elegant pot lights, and a solid oak staircase. The dreamy white/cream kitchen showcases extended-height cabinetry, abundant storage, unfinished basement awaiting your personal touch or for extra storage space, full-sized centre island with breakfast bar, quartz counters, backsplash and imported ceramic tile accents - perfect for both everyday living and entertaining. Combined living and dining area create a seamless flow. Generously sized bedrooms with walk-in closets, convenient upper-level laundry, and direct garage access add everyday comfort and practicality. Ideally located close to shopping, dining, schools, parks, trails, public transit, minutes to GO Transit & Upper Canada Mall, and easy access to Highways 404 & 400 - making commuting a breeze. A perfect blend of luxury, functionality, and location. A must-see!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,995.65/mo

Includes CMHC insurance ($21,729)

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5-yr fixed avg.

Principal: $700,920Interest: $476,046
Mortgage Amount$722,649
Total Interest$476,046
Est. Property Tax$552/mo
Total Cost$1,198,694

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Newmarket

Discover Newmarket

Newmarket is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Newmarket

  • Convenient location in Newmarket
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Newmarket offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

256 Vivant Street, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$552
Insurance (est.)-$162
Net Cash Flow+$2,016

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $519/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 21 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Newmarket have shown strong appreciation as families seek more space.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: Newmarket properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,245 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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